Daily Dispatches

9:57p ET Saturday, July 9, 2016

Dear Friend of GATA and Gold:

In an interview with GoldSeek Radio's Chris Waltzek, GATA Chairman Bill Murphy discusses the astounding upward reversal of gold and silver Friday following the usual smashdown upon release of the U.S jobs report. The interview is nine minutes long and begin at the 35:05 mark at GoldSeek Radio here:

http://radio.goldseek.com/

Using GoldMoney's Pre-loaded Cards

By Alasdair Macleod
GoldMoney, St. Helier, Jersey, Channel Islands
Thursday, July 7, 2016

At Goldmoney we have noticed that account holders sell gold to preload their Goldmoney cards when gold rises.

This makes sense. People are using their accounts as money, which is exactly what they should be doing.

1:37p ET Thursday, July 7, 2016

Dear Friend of GATA and Gold:

Silver market analyst Ted Butler writes today that chances are improving for a short squeeze in the monetary metals futures markets that will overpower the investment banks that long have been rigging prices. Butler's commentary is headlined "Turning of the Tide?" and it's posted at GoldSeek's companion site, SilverSeek, here:

By Koos Jansen
BullionStar.com, Singapore
Wednesday, July 6, 2016

Chinese wholesale gold demand, as measured by withdrawals from the vaults of the Shanghai Gold Exchange (SGE), reached a sizable 973 metric tonnes in the first half of 2016, down 7 percent compared to last year.